A statement from Royal Chain said that details of the settlement are confidential.

“We believe that this is a fair settlement of our dispute and that the interests of JewelPops and our more than 1,000 independent dealers and sales representatives who sell our product were successfully defended,” said JewelPops founder and president Robert Smith. “This agreement will help eliminate confusion among customers and allow Kameleon to compete with Karisma based on the originality of its design and the overall quality of the product.”

Both JewelPops and Royal Chain will continue to vigorously enforce their respective intellectual property rights including patents, copyrights, and trademarks, the statement added.